Securities / Derivatives

SEBI Cuts Time for Listing Debt Securities in Half

20/08/2018

India’s securities regulator has cut the timeline for listing debt securities from 12 to six days to streamline the issuance process and make it more cost effective.

Market Infrastructure

FSB Conducts Peer Review on LEI Implementation

20/08/2018

The FSB is proposing a thematic peer review to analyse LEI adoption among member jurisdictions and identify the implementation challenges faced by firms.

Capital / Liquidity

Australia Considering Changes to Bank Capital Framework

16/08/2018

APRA is seeking industry feedback on potential new approaches to the capital framework for banks to make them more internationally comparable and flexible.

Capital / Liquidity

Vietnam to Restrict Licences for Foreign Banks

16/08/2018

Vietnam is looking to potentially stop issuing licenses to foreign banks even as the State Bank of Vietnam is proposing to ease requirements for the establishment of domestic banks.

Enforcement

New Zealand FMA Work Plan to Focus on Conduct, Culture

16/08/2018

New Zealand’s Financial Markets Authority expects firms to put customer interests first; work plan to focus on conduct, culture, governance.

Market Infrastructure

ASIC Asks Banks to Take Steps to Mitigate Financial Adviser Fraud

16/08/2018

ASIC has asked 5 banks to put in place measures to monitor, review and better explain to customers the potential risks of providing account access to third parties like financial advisers.

Market Infrastructure

India to Devise Framework on Clearinghouse Interoperability

14/08/2018

SEBI is working to develop a framework to allow clearinghouses to settle transactions executed on any exchange.

Fintech / Regtech

Commonwealth Bank to Arrange First Blockchain Bond

14/08/2018

Developed by the World Bank, a A$100 million kangaroo bond, issued and distributed through blockchain, will open to investors later this month in Washington and Sydney.

Market Infrastructure

NSE To Approach SEBI on Co-Location Case

13/08/2018

The exchange will begin dialogue with the regulator on alleged misuse of its co-location facility; NSE chief says the exchange’s IPO is on hold until the resolution of this case.